Cereals; Millet, Seed Price in Sweden - 2023
Contents:
- Cereals; Millet, Seed Price in Sweden (CIF) - 2022
- Cereals; Millet, Seed Price in Sweden (FOB) - 2022
- Cereals; Millet, Seed Imports in Sweden
- Cereals; Millet, Seed Exports in Sweden
Cereals; Millet, Seed Price in Sweden (CIF) - 2022
The average cereals; millet, seed import price stood at $15,682 per ton in 2022, jumping by 473% against the previous year. In general, the import price posted significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +53.2% per year.
Cereals; Millet, Seed Price in Sweden (FOB) - 2022
In 2022, the average cereals; millet, seed export price amounted to $7,179 per ton, jumping by 80% against the previous year. In general, the export price enjoyed a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($11,046 per ton), while the average price for exports to Finland ($4,224 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+78.8%), while the prices for the other major destinations experienced more modest paces of growth.
Cereals; Millet, Seed Imports in Sweden
In 2022, overseas purchases of cereals; millet, seeds decreased by -80.2% to 251 kg, falling for the second consecutive year after two years of growth. In general, imports showed a significant decrease. The pace of growth was the most pronounced in 2020 when imports increased by 188% against the previous year. As a result, imports attained the peak of 6 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereals; millet, seed imports rose sharply to $3.9K in 2022. Overall, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2020 when imports increased by 193%. As a result, imports reached the peak of $7.7K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Cereals; Millet, Seed in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 0.1 | 2.1 | 3.9 | 524.5% |
| India | N/A | N/A | 0.7 | N/A | 0% |
| Finland | N/A | 4.2 | N/A | N/A | 0% |
| Denmark | 2.5 | 3.5 | 0.7 | N/A | -47.1% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 2.6 | 7.7 | 3.5 | 3.9 | 14.5% |
Top Suppliers of Cereals; Millet, Seed to Sweden in 2022:
- United Kingdom (250.0 kg)
- India (1.0 kg)
Cereals; Millet, Seed Exports in Sweden
In 2022, shipments abroad of cereals; millet, seeds decreased by -83.7% to 113 kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports faced a sharp curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 158% against the previous year. As a result, the exports attained the peak of 694 kg, and then declined rapidly in the following year.
In value terms, cereals; millet, seed exports reduced dramatically to $814 in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 239% against the previous year. As a result, the exports attained the peak of $2.8K, and then shrank remarkably in the following year.
| Export of Cereals; Millet, Seed in Sweden (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Denmark | N/A | N/A | 789 | 0% | |
| Netherlands | 97.0 | N/A | 18.0 | -56.9% | |
| Finland | 720 | 2,768 | 6.0 | -90.9% | |
| Others | N/A | N/A | 1.0 | 0% | |
| Total | 817 | 2,768 | 814 | -0.2% | |
Top Export Markets for Cereals; Millet, Seed from Sweden in 2022:
- Denmark (110.0 kg)
- Netherlands (2.0 kg)
- Finland (2.0 kg)
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